From April to June, 108 homes sold in Frankfort for a median price of $362,000. That's 5.8 percent higher than median home sale prices for the second quarter of 2017.
In the second quarter, 3 homes in Frankfort were in foreclosure.
Median property tax for homeowners in Frankfort was $8,561.99 in 2017 according to tax data from that year. That means homeowners pay 2.5 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.
Frankfort real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
75
$431,730
-
2010
89
$333,450
-22.8%
2011
71
$329,960
-1%
2012
96
$313,375
-5%
2013
121
$313,200
-0.1%
2014
120
$324,360
3.6%
2015
113
$328,494
1.3%
2016
104
$358,050
9%
2017
102
$342,210
-4.4%
2018
108
$362,000
5.8%
Median property tax
Median sale price
Effective property tax rate
2010
$8,674.30
$333,450
2.6%
2011
$9,352.67
$329,960
2.8%
2012
$8,836.21
$313,375
2.8%
2013
$8,079.69
$313,200
2.6%
2014
$8,303.82
$324,360
2.6%
2015
$8,984.77
$328,494
2.7%
2016
$9,356.65
$358,050
2.6%
2017
$8,561.99
$342,210
2.5%
Alerts Sign-up